Himadri Specialty Chem - Long Setup (Swing Trade)Himadri Specialty Chem is approaching a crucial level for a potential long trade setup. Here’s the trade plan:
Entry Zone: 579.80
Entry Price: Once a 15-minute candle breaks above 579.80, the high of that candle will confirm the entry.
Target: 656.3
Stop Loss: 541.55 (Stop loss will be triggered if a daily candle closes below this level)
The stock is testing the entry zone at 579.80 , and if momentum builds, we could see a potential rally towards the target of 656.3 . A tight stop loss at 541.55 helps manage risk while offering a favorable risk-reward ratio for this trade.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly
Himadrispeciality
Himadri Specialty Chem - Breakout Setup (Swing Trade)Himadri Specialty Chem is approaching an important zone for a potential breakout setup. Here's the plan:
Entry Zone: 591
Entry Price: Once a 15-minute candle breaks above 591 , the high of that candle will confirm the entry.
Target: 662.8
Stop Loss: 555.10 (Stop loss will be triggered only if a daily candle closes below this level)
The price is nearing the entry zone at 591 , and a confirmed breakout could signal a rally towards the target of 662.8 . The stop loss is placed at 555.10 , with a daily close below this level as the exit signal.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
HIMADRI SPECIALITY BOTTOM BREAKOUT 🎯2xNSE:HSCL Broke out from a bottom consolidation region of 2 years after a sharp downtrend of 70%
The consolidation is the pink rectangle on the chart.
Other bullish signs are exponential volume growth leading to the breakout and the price being above 30 week EMA.
A long term positional bet can be taken in this scrip for the next 6-12 months and beyond.
Has potential to double your money.
Targets: 80/100/120/130+
Place a deep initial sl below 50 and trail sl after a higher high and low.
Keep adding quantity on dips.
Patience is the key on positional trades. Scrip can consolidate for months and give 40% move in 1 week. 80% of momentum takes place only 20% of the time.
Position size accordingly. HAPPY TRADING!